News Taylor Swift: Scooter Braun paying $330m for Big Machine ‘wasn’t exactly a wise choice’ "Just another case of shameless greed in the time of Coronavirus. So tasteless, but very transparent."
News Hipgnosis acquires majority stake in Mark Ronson catalog, including Uptown Funk and Shallow Two of Ronson's songs have more than a billion streams on Spotify
News Netflix added over 5m paying subscribers per month in Q1 2020. Is this a promising sign for Spotify? Could music streaming see a similar COVID-driven subscription bump? We're about to find out.
News Spotify now enables fans to pay artists money direct, via Cash App and PayPal.me partnerships Long-awaited 'tipping' feature arrives through association with third-party apps
News One World: Together At Home has already raised $128m for COVID-19 fight – now Universal’s releasing the album Global Citizen event launched as audio album on streaming services in collaboration with UMG
News Apple Music expands into 52 (52!) new markets, upping presence in Africa and beyond Apple Music now in more than double the markets in which Spotify operates
News Universal Music Group braces for physical, ad streaming downturn, but says subscription is ‘more stable and robust’ Major record company addresses the potential impact of COVID-19 on its business
News Spotify For Artists product lead, Tracy Chan, joins Twitch: ‘I believe there’s a massive opportunity to help artists connect with their fans through live streaming.’ "Tracy is joining our team at a critical moment as we continue to see growing interest from both new and established musical talent joining Twitch."
News Warner invests in Africa-based music distributor Africori, launching global partnership with ADA Africori has worked with more than 6,500 artists and 700 labels, including majors and indies
News Universal’s streaming revenues brush $1bn in Q1, with total recorded music up 13.1% Japan's King & Prince were company's biggest sellers in quarter
News Milk & Honey makes a statement with its new UK office – next door to Universal Music Group and Google Management company hires Harry Knyt, signs Stuart Price and Andrew Jackson
Interviews ‘Anyone can go out and spend $1 billion. The trick is getting a good return for your investors.’ Round Hill Music CEO, Josh Gruss, on the competitive music M&A landscape, and his firm's next big raise
News iHeartMedia to cut costs by $250m this year, as it battles economic impact of Coronavirus Bob Pittman: "We want our shareholders to know that we have taken immediate and proactive steps to weather this crisis."
News Hipgnosis now has $188m more to spend, via loan facility from banks including JP Morgan Herbert Smith Freehills, who advised Hipgnosis, says new money is "testament to the confidence of investors"
Analysis News Positive signs: Music streaming spend is rising in the US, even amid Coronavirus lockdown News is in contrast to report out of Spain earlier this month